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Sustainable and economic feasibility of castor bean oil production: a methodology to support investments decision taking; Viabilidade economica e sustentabilidade da producao de oleo de mamona: uma metodologia de suporte a decisao de investimentos

Abstract

The castor bean agribusiness is supported by a complex supply chain that involves several inputs, main products and other derived products. So, the control of production costs is a basic and extremely important activity for the optimization of management processes. Using literature research, case study and assessment of scenarios, the present work was developed with the objective of conceiving a methodology, based on theoretical and economical aspects, the formation of costs and the revenue forecasting, which is applied with the aid of a computational program for supporting decision taking in the castor bean small producers agribusiness. The results obtained in the case study show, for example, that about 40% of the projects are considered accepted under the criterion of recovering the invested capital in less than 2 years. Also, it reveals that 75% of the projects contribute for the increase of the producer income and about 63% of the projects provide enough profit to add value to the producer's properties. Finally, it is clear that the proposed methodology makes easier a better agricultural planning, allowing a better utilization of the raw material and it facilitates the analysis of diversifying other derived products and revenue sources in the castor bean chain.  More>>
Authors:
Maia, Glawther Lima; [1]  Arruda, Joao Bosco Furtado [2] 
  1. Universidade Federal do Ceara (UFC), Fortaleza, CE (Brazil). Mestrado em Logistica e Pesquisa Operacional
  2. Universidade Federal do Ceara (UFC), Fortaleza, CE (Brazil)
Publication Date:
Jul 01, 2008
Product Type:
Conference
Report Number:
ETDE-BR-0771
Resource Relation:
Conference: Rio oil and gas 2008 expo and conference, Rio de Janeiro, RJ (Brazil), 15-18 Sep 2008; Other Information: refs., 2 figs. Codes: IBP2517_08; BR0902865.pdf
Subject:
09 BIOMASS FUELS; BIOFUELS; DIESEL FUELS; CASTOR OIL; PRODUCTION; ECONOMIC ANALYSIS; INVESTMENT; DECISION MAKING; FEASIBILITY STUDIES
OSTI ID:
21197109
Research Organizations:
Instituto Brasileiro de Petroleo, Gas e Biocombustiveis (IBP), Rio de Janeiro, RJ (Brazil)
Country of Origin:
Brazil
Language:
Portuguese
Other Identifying Numbers:
TRN: BR0902865
Availability:
Commercial reproduction prohibited; OSTI as DE21197109
Submitting Site:
BR
Size:
[8] pages
Announcement Date:
Aug 20, 2009

Citation Formats

Maia, Glawther Lima, and Arruda, Joao Bosco Furtado. Sustainable and economic feasibility of castor bean oil production: a methodology to support investments decision taking; Viabilidade economica e sustentabilidade da producao de oleo de mamona: uma metodologia de suporte a decisao de investimentos. Brazil: N. p., 2008. Web.
Maia, Glawther Lima, & Arruda, Joao Bosco Furtado. Sustainable and economic feasibility of castor bean oil production: a methodology to support investments decision taking; Viabilidade economica e sustentabilidade da producao de oleo de mamona: uma metodologia de suporte a decisao de investimentos. Brazil.
Maia, Glawther Lima, and Arruda, Joao Bosco Furtado. 2008. "Sustainable and economic feasibility of castor bean oil production: a methodology to support investments decision taking; Viabilidade economica e sustentabilidade da producao de oleo de mamona: uma metodologia de suporte a decisao de investimentos." Brazil.
@misc{etde_21197109,
title = {Sustainable and economic feasibility of castor bean oil production: a methodology to support investments decision taking; Viabilidade economica e sustentabilidade da producao de oleo de mamona: uma metodologia de suporte a decisao de investimentos}
author = {Maia, Glawther Lima, and Arruda, Joao Bosco Furtado}
abstractNote = {The castor bean agribusiness is supported by a complex supply chain that involves several inputs, main products and other derived products. So, the control of production costs is a basic and extremely important activity for the optimization of management processes. Using literature research, case study and assessment of scenarios, the present work was developed with the objective of conceiving a methodology, based on theoretical and economical aspects, the formation of costs and the revenue forecasting, which is applied with the aid of a computational program for supporting decision taking in the castor bean small producers agribusiness. The results obtained in the case study show, for example, that about 40% of the projects are considered accepted under the criterion of recovering the invested capital in less than 2 years. Also, it reveals that 75% of the projects contribute for the increase of the producer income and about 63% of the projects provide enough profit to add value to the producer's properties. Finally, it is clear that the proposed methodology makes easier a better agricultural planning, allowing a better utilization of the raw material and it facilitates the analysis of diversifying other derived products and revenue sources in the castor bean chain. (author)}
place = {Brazil}
year = {2008}
month = {Jul}
}